The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.
Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...
Deal to create new multichannel video distributor also settles litigation. Nvidia gets another accolade. Citi gets defensive.
Scott Belsky says AI is collapsing boundaries between traditional business functions and putting more creative ability within ...
Uber said the accelerated buyback is part of its inaugural $7 billion repurchase unveiled last February. The company spent $701 million to buy back 10.1 million shares during the first nine months of ...
Uber and Lyft poured millions of dollars into efforts to legalize congestion tolling — and they stand to be among the biggest ...
Uber (UBER) shares have had a rough ride in 2024, lagging behind the broader market with only a 12% gain over the last 12 ...
The car-sharing app was used to rent vehicles involved in the New Orleans and Las Vegas incidents. It's one of the few platforms to offer Cybertrucks.
Next City examines the latest car-sharing app to shut down and what this might mean for the future of car-share in America.
Waymo may have outlasted Cruise to lead the U.S. market, but domestic competitors are working to catch up, too — most notably ...
Lastly, assuming a 20-25x valuation multiple on Tesla's 2030 profits from robotaxis, I estimate the incremental enterprise ...